
Netflix and Warner Bros. Discovery are each doing some combination of slashing costs, raising prices and creating new ad-supported tiers. Walt Disney said in early December, it will raise the price of its ad-free, stand-alone Disney+ service in the U.S., from $7.99 to $10.99 a month. Netflix Netflix and Discovery are all slashing costs and raising prices in response to slowing subscriber growth in their core domestic markets. The result is that streaming services are shifting their focus from adding users to growing their bottom line. Netflix, Discovery and Discovery will each offer content at lower prices to consumers but also establish a new revenue stream for the companies. Watch the full interview with iReport.com/summer news. . . .
Read more at www.wsj.com